State whether the payment of Cash to Trade Payables will result in inflow, outflow’ or no flow of Cash. Post category:Accountancy Reading time:1 mins read SOLUTION Outflow’. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState whether conversion of debentures into equity shares by a financing company will result in inflow’, outflow’ or no flow’ of cash. Next PostState whether depreciation charged by a Company will result in inflow, outflow or no flow of Cash. You Might Also Like A Ltd.’s Liquidity Ratio is 2.5: 1. Inventory is Rs. 6,00,000. Current Ratio is 4: 1. Find out the Current Liabilities. August 12, 2022 Better Prospect Ltd. acquired land costing Rs. 1,00,000 and in payment allotted 1,000 Equity Shares of Rs. 100 each as fully paid. Further, the company issued 4,000 Equity Shares to public. The shares were payable as: Rs. 30 on application; Rs. 30 on allotment; Rs. 40 on first and final call. July 14, 2022 Ankit, Bhanu and Charu are partners in a firm sharing profits and losses equally with capital of Rs. 2,50,000 each. On 1st October, 2021, Ankit and Bhanu gave loans of Rs. 2,50,000 each to the firm whereas Charu took a loan of Rs. 1,00,000 from the firm on the same date. It was agreed among the partners that Charu will be charged Interest @ 6% pa. Interest on loan from partners was paid on 10th April, 2022.The firm closes its books on 31st March each year. Pass the Journal entries in the books of the firm for the year ended 31st March, 2022. October 11, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A Ltd.’s Liquidity Ratio is 2.5: 1. Inventory is Rs. 6,00,000. Current Ratio is 4: 1. Find out the Current Liabilities. August 12, 2022
Better Prospect Ltd. acquired land costing Rs. 1,00,000 and in payment allotted 1,000 Equity Shares of Rs. 100 each as fully paid. Further, the company issued 4,000 Equity Shares to public. The shares were payable as: Rs. 30 on application; Rs. 30 on allotment; Rs. 40 on first and final call. July 14, 2022
Ankit, Bhanu and Charu are partners in a firm sharing profits and losses equally with capital of Rs. 2,50,000 each. On 1st October, 2021, Ankit and Bhanu gave loans of Rs. 2,50,000 each to the firm whereas Charu took a loan of Rs. 1,00,000 from the firm on the same date. It was agreed among the partners that Charu will be charged Interest @ 6% pa. Interest on loan from partners was paid on 10th April, 2022.The firm closes its books on 31st March each year. Pass the Journal entries in the books of the firm for the year ended 31st March, 2022. October 11, 2022
